Grayscale Bucks the Trend as Bitcoin and Ethereum ETFs Start April With Fresh Outflows
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Bitcoin and ethereum exchange-traded funds (etfs) have started april with outflows, although some etfs, such as those for solana and certain bitcoin etfs like fidelity's fbtc, are reportedly bucking this trend. The extent of the outflows varies, with reports ranging from $82 million to $1.97 billion for bitcoin spot etfs and $800 million for bitcoin and eth etfs combined. Other cryptocurrencies, including xrp and litecoin, are also seeing mixed trends in their etf outflows.
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